Orange County NC Website
6 <br />Orange County Affordable Housing Bond Program <br />Semiannual Project Progress Report <br />Report period ending June 30, 2003 <br />Project Sponsor: Residential Services, Inc. <br />Project Type: Rental <br />Income Targeting: Below 30% of area median income <br />Project Address: Spring Glen; 6310 Mount Hermon Church Road; Chapel Hill, NC <br />Program Accomplishments: Construction Completed -Occupancy underway <br />BOND AWARD HISTORY <br />This 15 unit project was awarded $275,000 in bond funds in June 2001. The L)evelopment Agreement was <br />signed in February 5, 2002 and construction was coming to completion in June 2003; sixteen months after the <br />Development Agreement was in place. <br />CIARY INFORMATIO <br />Leasing Underway <br />